Despite complaints of low lending to individuals in the country, the General Manager in Charge of Retail Banking at Societe Generale, Kwaku Tweneboa-Kodua has told Citi Business News there is enough liquidity in the system to lend to Ghanaians. According to him, some banks are always ready to provide tailor-made product to individuals to help ...

The Minority Spokesperson on Finance has said government’s decision to cap statutory payments would have an adverse effect on the country’s banking sector. The government in its 2017 budget statement and economic policy indicated that it will cap all statutory funds at 25% to finance the one-district-one-factory and free SHS policies. This means that  7.5% of ...

The Minority Spokesperson on Finance has said government’s decision to cap statutory payments would have an adverse effect on the country’s banking sector. The government in its 2017 budget statement and economic policy indicated that it will slash all statutory funds by 25% to finance the one-district-one-factory and free SHS policies. This means that  7.5% of ...

For the first time in Ghana there would be a collaboration between government, industry key players, and members of the academia. This is an initiative of the African Business Centre for Developing Education (ABCDE) and is aimed at those in secondary and tertiary institutions. Speaking at this event would be Trade Minister Alan Kyerematen, VC ...

Mr Raymond Ategbi Okrofi, the Country Manager of Safi Sana Ghana Ltd, has called on government to come up with policies that would facilitate waste segregation in the country. He said the country generated a lot of waste but both the organic and inorganic were being mixed and this did not encourage the processing of ...

A boy of 10 was forced to lie face down while his mother was subjected to a four-hour rape ordeal in a Johannesburg taxi, reports from South Africa say. He and his mother were allegedly tricked into boarding the minibus taxi before she was assaulted and ordered to hand over her bank card and PIN ...

The Ashanti regional Police Commander, DCOP Ken Yeboah says the Police will provide adequate security at the Regional Coordinating Council (RCC) to prevent any unforeseen circumstances. This is after some members of the New Patriotic Party’s Delta force, a vigilante group of the party on Friday [March 24, 2017] stormed the premises and manhandled the ...

The Ashanti Regional Police Command is expected to intensify security at the Regional Coordinating Council, following attacks staged by a vigilante group believed to be affiliated with the governing New Patriotic Party (NPP). The group, Delta Force on Friday morning stormed the premises of the Council, demanding the removal of the Regional Security Coordinator, George Adjei. ...

A vigilante group believed to be affiliated with the governing New Patriotic Party (NPP), Delta Force on Friday morning stormed the premises of the Ashanti Regional Coordinating Council, demanding the removal of the Regional Security Coordinator, George Adjei. The rowdy group destroyed some properties and forced the Security Coordinator out of his office. Mr. George Adjei ...

It’s the small deposits that make a big difference over a long period of time. Entering a relationship is like starting a long-term investment for retirement. That is, if you’re in it for the long haul and would like to have a nice retirement. It’s no secret that relationships have highs and lows. What’s important is that ...

Adolescent suicide is real. Reported cases in the media in the first two months and three weeks of the year, stand at eight. However, many more cases go unreported. According to studies by the Psychology Department of the University of Ghana, adolescent suicide occurs mostly in schools. Children of single parents, with single mothers being ...

The United Nations has raised grave concerns about reports of high civilian casualties in the Iraqi city of Mosul. A senior UN official in Iraq said she was stunned by accounts of “terrible loss of life”, after claims that at least 200 people had been killed in an air strike by the US-led coalition. US ...

US President Donald Trump has blamed Democrats for the failure of his healthcare bill. Both houses of Congress are controlled by Mr Trump’s Republican party but the bill was withdrawn on Friday because it could not get the votes required. Speaking to the Washington Post, Mr Trump said “We couldn’t get one Democratic vote, and ...

The New Patriotic Party wants no part in the seeming troubles in the opposition National Democratic Congress (NDC), according to the Deputy General Secretary of the NPP, Nana Obiri Boahen. The NDC could be dissolved today and the NPP would not blink an eyelid, he said on Eyewitness News, adding that the NPP was also not ...

Two students in Bawku are reported dead from a suspected case of Cerebro Spinal Meningitis (CSM), while eleven are on admission at the Bawku Presbyterian Hospital. The two deceased were second-year science students of the Bawku Senior High School, and the Bawku Senior High Technical School. The Headmasters of both schools; Mr Bismark-Simon Kpuli and ...

Police in the Western Region have arrested five Chinese nationals together with four Ghanaians for illegally mining for gold in River Ankobra at Bamianko Dawule in the Nzema East Municipality. The swoop, which was carried out by a joint security team from the regional CID and the Rapid Deployment Force under the supervision of the ...

The National Organizer of the National Democratic Congress (NDC), Kofi Adams, has called on Ghanaians to focus on the activities of the current government rather than the supposed internal wrangling within the party. “What we need to focus on now is why president Akufo-Addo had to appoint two Ministers of Education, two Ministers of Agriculture, ...

Citi Business News has gathered that some major players in the private sector have begun trooping to financial institutions to access funds to take advantage of government’s pro –business agenda. The Nana Akufo-Addo government is expecting the private sector to lead in all of its major campaign promises such as the one-district one factory, and ...